Rani, Puspita; Shauki, Elvia R.; Darminto, Darminto; … - In: Cogent Business & Management 7 (2020) 1, pp. 1-22
categorizes M&A motives into synergy and agency categories using two alternate ways, which first using the stock market reaction …-motivated M&A. It also proves that the positive effect of M&A motives on the long-term performance post-M&A is significantly …